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Rompetrol Plans $200 Million Investment in New Romanian Stations


Rompetrol Group NV, Romania’s second- biggest oil company, plans to invest about $200mln in the country as it seeks to expand its retail network around the Black Sea region by at least 50%. The Amsterdam-based company, which is wholly owned by KazMunaiGaz National Co, seeks to add about 150 new stations in Romania and another 200 stations in Bulgaria, Georgia and Moldova to accommodate rising output at its Petromidia refinery on the Black Sea coast, Senior Vice President Azamat Zhangulov said in an interview in Bucharest.

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